A TREND ANALYSIS OF EXPORT PERFORMANCE OF GEMS & JEWELRY INDUSTRY IN INDIA

Abstract

Gems and Jewelry is an important emerging sector in the Indian Economy. Ranked among the fastest growing sectors, it is also a leading sector for foreign exchange generation. The two major segments of the sector in India are gold Jewelry and diamonds. Gold jeweler’s forms around 80% of the Indian Jewelry market, with the balance comprising fabricated studded Jewelry that includes diamond studded as well as gemstone studded Jewelry. This paper tries to analyze the performance of gems and jewelry industry in India for the year 2006 2011 as well as the growth rate of gems and jewelry industry between the years 2006-2011. The trend analysis technique is used to analyze the secondary data. The study reaches to the conclusion that the gems and jewelry sector is increasing day by day.